Lipstick On A Pig

Oh yes, I know, everyone is busy painting lipstick on a pig right now. It’s our version of celebrating Eid. We’re so hoping for Obama to make good, we’re even willing to gauge out our eyes just to make it so. The fact is that more of us still have jobs than don’t. This means that most of us can still be persuaded to pull Obama’s lunch wagon. (By the way, all this talk about us becoming more and more like Europe is a bunch of hogwash. If you ask me, we’re headed straight for Stalingrad.)

If it turns out that those with jobs should begin to feel the pinch, only then will the situation change. Only then will we all begin reading from the same page.

Apparently it’s all been forgotten: health care, the new EPA regs (regarding carbon emissions), higher taxes on the local level, FINREG, net neutrality, gas prices, etc. It’ll all kick in this year. A new norm for unemployment; immigration, border security, foreign affairs, inflation, energy dependence…

I honestly don’t see the optimism. True, the world around us appears to be digging out - at least they’re trying. We’re just digging deeper.

Stocks are up today. They generally rise in the third year of a presidency. Will they this time? The year has barely started. Some people have made money, it‘s true. This is supposed to be a bad thing - so this administration keeps saying anyway. And now they’re claiming a (minor) victory. Make up your mind! Which is it?

The fact is, it’s jobs that drive America. People working - creating value. Nothing I’ve heard will produce more or better jobs as long as Obama is president. Now it could well be that with the ‘net neutrality’ bandwagon gaining ground, there’ll be nothing but good news from here on in. That won’t necessarily mean it’s so. It just means that we'll be suffering in our bunkers - alone.
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Pete Postlethwaite died today. To my mind he was an actor’s actor. Loved the film “Brassed Off”.

http://pkoelliker.blogspot.com/